A well-established business model is important for any startup, but it becomes even more vital for startups developing platform technology. IRISense CEO Brent Cousino said his company had multiple value propositions for his innovation that have provided different expansion paths of success.

At a Life Science Ventures Summit hosted by the Kauffman Foundation, Huffington Post writer Jennifer Hill led a discussion focused on the players in entrepreneurship. The presentation opened with experienced entrepreneurs giving their thoughts on the idea of team building. (00:00-01:19)

Ronald Lindsay, CEO of Zebra Biologics Inc., thinks changes in the biotech industry will lead to a trend of success for biotech companies. His company’s technology can be used as a platform to discover and develop bio-superior antibody therapeutics and complex drug targets. Zebra has just pulled in $9 million in its first investing round, and Lindsay thinks one of the biggest changes for the future of biotech is the availability of venture funding.

At the core of any startup company is the idea. The idea is the true value of a company, according to LIM Innovations CEO and co-founder Andrew Pedtke, and he says protecting that idea should be a main priority.

A network of U.S. cities facilitating a weekly entrepreneur education program. Go to 1 Million Cups >

Whether you are starting or growing a company, FastTrac will help you live your dream at each stage.Go to FastTrac >

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